Still waiting for that elusive pullback, bear fondler? Keep waiting for the market to collapse and I will keep banging out coin. Granted, Flotek Industries, Inc. [[FTK]] is a stubborn little whore, always the disappointment. Aside from that, for the most part, all of my positions are up—effectively inflating my ego to an even higher level of arrogance.
I want to buy new stocks, but will refrain until my existing cast works its magic. For example: early this morning, The PPT flagged a buy on Fuqi International, Inc. [[FUQI]] , a stock that has been flagged a buy from single digits, with incredible accuracy. But, instead of stepping in, “The Fly” threw potato chips at his screen, in a disgusted, non-nonchalant sort of way.
It’s true, most of you disgust me, with your stupid questions and pointless existence. iBC is not like your retarded college class. When you come here, especially on my blog, MOST questions are considered “stupid” and entirely irrelevant to me. So, don’t bother asking me stuff; it only pisses me off.
As you know, agriculture is on fire, thanks to a bullish research note out on Potash Corp./Saskatchewan (USA) [[POT]] . Here is the skinny: your dollars are under attack. Run Forest run!
You must hedge thyself from the irrelevancy of the paper inside of your wallet. Buy gold, silver, ag, oil or even nat gas. Do something, or else you’re gonna be shining my shoes.
Top picks: Equinix, Inc. [[EQIX]] , Sociedad Quimica y Minera (ADR) [[SQM]] and Aracruz Celulose SA (ADR) [[ARA]]
UPDATE: I sold out of Barnes & Noble, Inc. [[BKS]] @ $20.10 and bought 3,000 [[ENTR]] @ $2.88
Thoughts on FMCN Fly? China growth baby.
i like it
How do you pronounce FUQI?
[Foo-koi]
[Fuh-qui]
[Fuck-yeah]
Always confuses me. I’d appreciate some expert phonetics assistance.
nice try
Thanks to the PPT I’m doing the Ninja Tuna dance!
You could also just buy a nice basket o’ gold, like the proverbial gay cartoon leprechaun’s Lucky Charms.
_________
I’ve been accumulating US Dollars here by way of selling puts on material and energy stocks.
I suppose I could sell them back into Loonies like the vast majority of my cash but I grew up in a world where par was a good place to start buying US Dollars, not selling them. Besides like when Canada was called a banana republic in the 90s, you Americans may actually balance your budget at some point.
Yah, they might, eh? But likely not this decade, or the next, b’y.
Something is inherently and structurally wrong with a financial system in which nothing is being produced, 600,000 jobs are lost monthly, and yet, the stock market goes up. Why is the stock market going up?
Well quants and tradebots IMO. Banks did not have to account for all of the TARP they received. So where did this money GO!! They claim it went back into lending. However, bank lending continues to go down. Stock market speculation by the boys would stole all of our money is the likely answer. Why else would stocks go up, lending continue downwards, and the bailout money be unaccounted for?
The U.S. economy is still the largest and most productive in the world, however much we’ve cut back. This has nothing to do with tradebots or bailout funds, and everything to do with cheap central lending rates and grotesque currency destruction. Don’t bet against it.
Got raped on FTK today
Auditorium – http://www.youtube.com/watch?v=UT-hYXqTN38
Fuck me sideways it sounds like Apple smashed the cover off the ball.